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. we need china's support because chinese banks are harboring some of the ill-gotten gains, the illicit gains of north korea. and if china wanted really to put the screws for kim jong-un and his inner circle they could tighten up some of those bank accounts overnight and would send a very quick swift signal that there is a price to be paid for provocation, and if you want to deal with the world as it is, you're going to convoy from this provocation and a different direction, even if you can't open up your country overnight without reform. anyway, we have to remain open to real change. we do need a political exit ramp eventually from this horror story in north korea, not to suggest we're trying to seek rapid regime change. we are not seeking more. we are not seek rapid regime change. win a silver light on old measures, but we do have to bring all of these instruments of policy to bear in a more effective strategy. in china, which has to be fitting on a new assessment of north korea. it's north korean ally. on the one hand, they may be saying yes, north korea's nuclear weapons state and a
only 15 other countries, china, wall street firms were bidding on the debt. now you know if you have an auction at your house and 100 people show up you're probably going to do a lot better in terms of the deal than if 15 people show up. so the cost of money where we run into problems and where congressman paul is right, if we don't deal with this the cost of money is going to wipe out any spending, any tax increases, anything else. we have to -- we can't be greece, we can't be spain. and have our debt equal our gross domestic product. host: from texas. good morning. caller: good morning. i'm so tired of all this immigration stuff and we've got to take care of the mexicans and stuff. how come you all don't find a solution to keep them from coming up here to begin with? and find out why they're all running from mexico. if they're such great people why don't they fight for their own freedom down there instead of trying to come steal our kids' livelihood? host: part of the two-point debate over immigration. those who are here and also border security. guest: again, that's why if you loo
there will be u.n. sanctions, tougher u.n. sanctions which perhaps china will back after they did in december. militarily, it is business as usual. everyone is on high alert. but it would be highly unlikely if there was to be any action taken. >> anna, stand by, i want to get some reaction there, if there is any, from the president-elect parties, made a lot of strong statements in the leadup. i want you to stand by, we have elise on the line from the state department. is there any reaction, 11:00 p.m. here in the united states on the east coast. anything coming out of the state department yet? >> i'm speaking to sources, senior administration officials tell me the u.s. is working to confirm, i'm not sure this am coulds as a surprise, john. i was speaking to one senior official this morning, and they said a test could come at any moment i think the u.s. has been bracing for this, planning for this as we've been discussing, there's been a lot of -- kind of fooling around by north korea in terms of when the date would be just as there was when they had the rocket launch and they extended a date
carlson. breaking news overnight, and new report says china military has stolen important data from hundred target. they beefed up the military and hacking capabilities. should we be cutting ours? >> steve: more good nice, gas prices got hiked up for the 33rd day in a row. prices continue to soar, washington continues to stay silent. when can we expect in relief i ask. eric bombing. >> eric: if s your gun stored in a safe place? the new law that let's cops search legal gun owners who haven't broken any laws. fox and friends starts right now. >> gretchen: brian is extending his holiday weekend for another day. we have eric bombing sitting here. >> steve: can you believe it. a former oil trader on the couch and first, let's start with fox news alert. >> gretchen: major cyber security, a series of hacking attacks against the united states. heather joins us live with more. >> reporter: good morning to you. these are the startling findings in a new report that has just been released. the 74-page report says 141 major hacking attempts have been traced back to a secret group that is linked
the discussion on china's increasing cyber attacks on the u.s. from today's "washington journal." >> host: john reed is a foreign policy national security reporter for "foreign policy" magazine. good morning. thanks for being with us. this headline from the new times are good as we, a 60 page report looking at china's role in cybersecurity. if you review the report with the children? >> guest: it was more fascinating piece of evidence, something we've all known has been going on for years and years and years if you been paying attention to cybersecurity. we saw proof that, very strong evidence of leaking of the chinese government to actual theft of intellectual property. you hear a story about defense contractors networks being penetrated by hackers who are in china and then a few years later it looked an awful lot like an american stealth fighter. this is the first time you could see it point at a building in china as a this is a building owned by the chinese government and say this is likely where this is coming from and here's what they're doing and here is what they're stealing. it gave tha
cause yet. >> we are also following a developing story over seas. china denying allegations its military has been spying on american companies for years. this all stems from a report by a virginia cyber security firm. according to that report a secret military unit headquartered in this shanghai facility has been hacking and stealing data from more than 140 companies and organizations through the internet. we've just heard -- rather read a statement from china's defense ministry. it claims that china is also a victim in the story. it says the addresses linking the cyber attacks to that facility may have been hijacked. >>> the post office is dressing up its plans for survival. how it could change the way you get dressed. >>> also ahead this morning, struggling to get motivated this morning and get to the gym. why your genetics may be to blame. >> the warning from local leaders as the threat of federal massive budget cuts grows. >>> be ready for a blast of winter this morning. when things might warm up. weather and traffic on the 1s coming up. it's 5:07 right now. >>> the u.s. postal servi
considering fines and other trade penalties against china and any other nation guilty of cyber attacks. jim angle is live there. where are we on all of this, jim? >> reporter: we know the u.s. does intend to respond after learning that hundreds of cyber attacks on the u.s. government and some 140 u.s. companies are coming from a chinese military unit apparently dedicated to such activities. now the question is, what do we do about it? we can't do much of course to punish the chinese military but officials are saying privately they will take some sort of action such as fines or trade penalties which the white house hinted at yesterday. >> initiatives to announce today. this is an issue that had the attention of the president and senior levels of the national security team. it's something that we are working on constantly, and we will of course take necessary measures to enhance our cyber security. >> reporter: but aside from enhancing our own cyber security, what can the u.s. do? though we can't punish the chinese army unit we can punish chinese companies many of which are partly honed by th
actions against china for what is portrayed as unrelenting campaign of cyber theft and espionage. but chief national correspondent jim angle reports washington is being careful about what it is saying. >> with the revelations this week of chinese cyber espionage against u.s. government and company, administration officials emerm to talk about broad program to crack down on cyber spying an announce nod action against the recent chinese intrusion, even as they talk about how danieling such spying could be. >> a trade secret could be worth billions of dollars. they could require companies to lay off employees, close factories and profits to experience decline in the position andnage or go out of business. >> he emphasized no company is safe. >> there are only two categories of companies affected by the trades secret theft. those that know they have been compromised and those that don't know it yet. >> it fell for the state department to talk about the chinese government, though not the most recent revelation. >> protection of the intellectual property and the trade secret remains a
the lights are on. where the lights are off and mongolia and parts of china, and unfortunately, my state of alaska. this is not such a prosperous area. how we utilize this is basic premise, starting from energy is good and moving from their is part of how we want to launch this discussion. and contained within this, again, five pretty simple propositions. we need to move to an energy policy that is abundant, affordable, clean, diverse, secure. when you look at energy in that context, it really does help give you some parameters and guidelines as to how to move forward. as you go through this proposal -- again, think about it in the context which i am offering yet. not legislation. the first question is going to be when we will see the first bill. you will see legislation move forward based on the conversations, based on debate and dialogue on issues. whether it is how we advance revenue sharing or how we put in place and export policy that is not only go ahead -- good for jobs, working with the balance of trade that is so incredibly important. establishe trying to here is a good directio
in the last 10 years. >> there talking about u.s. response to a potential cyber attacks from china. earl is on the phone from maryland, independent line. >> i think this problem is not going to be resolved for the simple reason -- i used to tell my children that what you accept is what you teach. americans do the same thing to iran and now want to say the reason why they do it is because of good reasons while others do it for bad reasons. good and bad is relative. because they do it for different reasons other than you, you never look at the principle of what you are doing. a lie is a lie in a matter what good reason you tell a lie for. they learn have to be deceitful like you. guest: the u.s. government is allegedly behind the seven attack in iran that destroyed several thousand nuclear centrifuges a year -- centrifuges a couple years ago. we spy on other governments. we spy on other countries create but we are not using the nsa to spy on chinese businesses. other countries are going to look at our astronauts. -- at our espionage. >> from twitter -- and this op-ed from the commentary se
of cyber attacks from china. i have never seen so much public conversation about this. there's the new report that suggested for the first time that it was not just china generically, but china and this particular unit, an elite unit, of the military. >> what we've seen over the past two weeks is really an explosion of press around the cyber security issue, and i frankly think that's a very good thing because what people on the inside and people in corporate america have seen over the past couple of years is an absolute explosion of theft the u.s. corporate secrets and intellectual property by the chinese made public, as you said, this week, at least some of that by the people's liberation army. what some in the u.s. intelligence community have termed the largest transfer of wealth many history as the chinese have taken the sensitive economic secrets from the u.s. and then put them to use for chinese economic purposes. that has -- those reports along with presidential activity and the issuing of the executive order to try to strengthen u.s. sovereign defenses, those are early steps, bu
points away from an all-time high. tracy: china fighting back. ashley: check the calendar. spring has not sprung, but gasoline prices are already in high gear. tom kloza on what is to blame. tracy: lou dobbs take on the new simpson bowles reduction plan. is there any chance that washington will stop squabbling and actually do something? lou dobbs will join us in a few minutes. it is top of the hour. time for stocks now as we do every 15 minutes. lauren, we are starting the week on an up note. >> this u.s. stock market rally really started in europe. the u.s. market has of arrows across the board. a really tight range for stocks. volume clearly to the upside by about two-one your advance to the client line. really pushing closer to those all-time highs. 14,198. we are not far from there. 1576, we are not far from that either. we are getting there. hopefully, we can keep this winninn streak live. ashley: healthcare provider stocks taking a hit. proposing lowering medicare rates next year. peter barnes joins us now from inside the beltway with the details on this story. peter: they are p
. if the president can lead and pull a nixon in china on entitlement reform. maybe that can start to change the long-term tied. the deficit is improving. the long-term debt is the real problem. >> great to see you guys, thanks so much, have a great weekend. >>> of all the things our government spends money on. what do you think is the most expensive? the answer wasn't the same case 50 years ago, i'll tell you, when we come back. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd
with the hardware that we buy today, all the products are being made in china or thailand. there is something that can be put into that. it is hard to get out of there. stuff we are getting all over america is a problem. it is the hardware. everything comes from china. we have to stop that. guest: he is partly correct. not everything comes from china, and there are other threats. you're absolutely right, that hard were developed through these long international supply chains, is an enormous problem. we at the internet security alliance had been working on a program to develop a mechanism to better manage the hardware development process. the key here is economics. the reason why we have these long supply chains, in china, and compromises can be put into hardware throughout that supply chain, and the reason we have it is because it is so economical. you cannot compete in the market unless you're accessing these long international supply chains. we have to find a way to secure this system, understanding we may have some insecure parts to the system. we can do those sorts of things. the key is n
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a hobby. >> host: you have some of that in the book. taking it to china taking it to palestine, how did you write a play, go through all you had to go through three different governments to do and what it and what was the reception and most respected areas? >> guest: in china one of my former students was there so that was the accident. i had visited her and she was fluent in chinese. she was there for a long period of time and she had seen danny glover before. i had written a script at that time. he read the script and she said well look, why can't we do this in china? it would really be a great impact to bring king. so the national leader of china. >> host: what year is this? >> guest: this was 2007 and we performed it in the theater less than two miles from tiananmen square. >> host: in chinese? >> guest: in chinese. we were performing the birmingham protests with the chinese martin luther king and all of this is taking place before packed audiences within walking distance of tiananmen square. so translating king's legacy and ringing a gospel choir you know -- and i have actually thr
look at who has the state visits. there were india, china, mexico, korea, germany. it would be a spectacular thing for canada and u.s. relations if the two agreed to host reciprocal states. one year it could have them come here and spent time with obama's then the next year they would go up there. it is symbolic. it is like in canada that where host the royals. you also remember your history and pay attention to the way -- we have had an -- we have not had one since 1997. surely you can do it with canada. the keystone is not approved, we cannot have this conversation. for the keystone getting approved and the state visit if you do not mind. >> there you go. >> there was a moment in the presidential race during the republican primaries. i cannot remember who said it. one of the candidates talked about the keystone and set it to president obama to drive canada into the arms of china. i want to ask paul -- or in washington are skeptical about that. they say that they will send this oil to china, but will they get the pipeline built? what are you seeing on how likely this will b
the sequester would result the communism of china is coming to name these days and it preserves the power of the members of the communist party but they basically through most ideology aside whether he opened the country up and is now become a capitalist haven, the communism now in china they talked at great length that the congress is about marxist lennon etc. but it's all about preserving the party's power economically as the country continues to grow because they threw aside most vestiges of communism a long time ago. and north korea, it's all about preserving the power of the military and the kim dynasty and it has nothing to do with what karl marx vision of communism way back. it's a fascinating book somehow on how communism when it moved into asia it diverged into something different in vietnam, cambodia, north korea, and the communism that appeared in europe and eastern european countries that is an absolutely fascinating split that occurred now the public affairs channel and the magazine hosted a discussion on u.s.-canadian relations. speakers include the canadian ambassador to th
in possible war with china? bill: there are breaking developments in the vatican. changes to the upcoming conclave to pick the next pope we're hearing. we'll tell you what that is about moments away. eat good fats. avoid bad. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i seet: great grains. great grains cereal stts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. you can't argue th nutrition you can see. great grains. search great grains and see for yourself. to help support a healthy tabolism try new great grains protein blend in cinnamon hazelnut orhone. bill: so at this moment the coast guard is searching for four people off the coast of california. a distress call came in sunday afternoon near half moon bay south of san francisco. people are reporting that their 29 foot sailboat was sinking. two adults, two children, under the age of eight on board. the coast guard saying that the group made a final call about an
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. >>brian: countries like russia and china are ramping up their pheults. we are gutting -- -- ramping up their militaries. we are gutting ours. are we putting our military are we putting our military at risk? oh! progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. if we took the nissan altima and reimagined nearly everything in it? gave it greater horsepower and class-leading 38 mpg highway... advanced headlights... and zero gravity seats? yeah, that would be cool. introducing the completely reimagined nissan altima. it's our most innovative altima ever. nissan. innovation that excites. ♪ >>brian: let me tell you what's happening in sports. lebron james making history against the lakers. ep set a heat record by scoring at least 30 points five games in a row. he's been unbelievable. lebron became the third player with at least 30 points and 60% shooting in five straight games. anyone else on that team? the heat won 107-97. they won five in a ro
journal" right after this break. ♪ >> the communism of china basically is communism in name only. it is to preserve the power of the members of the communist party. the basically through most of the ideologies behind and the country was opened up, and it is now a capitalist haven. communism now in china, the talk at great lengths at these congresses about marxism, leninism, etc., but it is all about preserving the party's power, economically, as the country continues to grow, because they threw away most vestiges of communism months ago. -- years ago. in north korea, it is all about preserving the kim dynasty and the military. it has nothing to do with what karl marx envisioned as coming in some way back. somebody could do a fascinating book on how communism, when it moved into asia, diverged into something in -- something different in vietnam, korea, then something that occurred in european countries. >> keith richburg on 34 years of reporting and insight from around the world. sunday at 8:00 on c-span's "q&a." >> "washington journal" continues. >> we are back with annie lowry,
and responsibility? or should perhaps be beijing? what is china doing? >> that's right. we have outsourced that to china. we have said, china provides 75% of the north korea's food, fuel oil, heating fuel. let the chinese deal with it. and the chinese have not. they maybe make a statement or two, north korea, shouldn't do this. but they have not stopped north korea. in fact we've seen this week, china is feeling so emboldened it is hacking into every computer in north america. bill: there is a statement also, as the saying this from north korea. as the saying goes a newborn puppy knows no fear of a tying. i read two things into that. either a new leader, kim jong-un or more of a statement, almost as, maybe a poetic language to say we are the newborn puppy as a nuclear power, that the world now has to address. your view? >> it could go either way. could be the newborn puppy is the new young leader of north korea. doesn't know any fear. doesn't know any bounds. it could be we, north korea, we're the tiger. we got the nukes. you guys should fear us. the problem this is heating up to a boil. i
the nasdaq added 21. the white house revealed how it's going to strike back at china following cyber attacks. they say the obama administration is considering fines, penalties, and trade restrictions. a virginia-based cyber security firm discovered a secret chinese military unit behind years of cyber attacks. china has denied any involvement and claims it's been a victim of hacking, too, by the u.s. and target was attacked by a cyber attack. the company says the mall ware got on the macs through a website for software developers by exploiting a security flaw in the browser. apple says it was similar too an attack on facebook earlier this week. >>> bp won't pay penalties for all of the more than 200 million gallons of oil that spilled back in 2010. the u.s. government agreed not to fine them for 34 million gallons they captured before entering the gulf. fines for all the rest of the oil will be in the billions. >> sony is expected to reveal details about its much anticipated gaming console today. execs will announce the gaming station that was released six years ago. sony competes with micros
, other nations will. recent analysis shows that china has surpassed that u.s. as the world's largest trading nation. the president runs the risk of currency wars, which appears to be rising. it could put us back into a recession or worse. currency policy is not enough. without a good policy and a good -- the international monetary system will continue to be a threat. our future economic competitiveness depends upon the united states leading others to establish a fair and stable, transparent currency system based on market principles. i look forward to hearing your views about these important matters before the treasury. in addition, i understand that you have worked with managing director and chief operating officer of two units of citigroup. it is unclear what your exact role and responsibilities were there. so far you have indicated that you have coordinated on cooperations, technology, human resources, and maybe legal financial activities, but we know little about your knowledge of that committees -- activities of which you are the chief operating officer. some of the units of act
to direct your attention to a little skirmish in the china sea and the bbc it is calling it a little skirmish that could have big, big consequences, think world war iii consequences, and it is because of these teeny islands that are inhabitable, and even the name is in dispute with china calling them one thing and japan calling them another. the dispute was reignited when the chinese government accused tokyo of stealing, and sent two naval enforcement ships to the area in a show of force. across china, anti-japanese protests started causing a protest of japanese protests and those who use them. and the protests are so bad that a chinese man made the simple mistake of driving a japanese car in a chai neads city of chian and was beat sewn badly he is paralyzed. this week, a chinese minister accused a japanese vessel of target i targeting the radar on a japanese ship off of the islands, but the chinese officials are disputing it happened. now think about this, the world's second and the third largest economies playing chicken in the pacific over a dispute of uninhabited islands, but if
collar workers, i mean unions as far as industrial are pretty much dead. you move your plants to china and mexico. host: patrick rice, your response to what he had to say. guest: if he's arguing we're on the brink of a social revolution, it would seem to me that, i can't see in the future and i don't want to say he's wrong, but we've been endured tougher economic situations in the past without peel launching a full-scale revolution. now if he's saying that we're looking at an economic downturn, i think there are a lot of economists who agree. we could be seeing an economy where essentially the wealth disparity rises. we have a smaller group who are taking home a lot of benefits of the economy and a very large group who are seeing very little of it. that's something a lot of economists are worried about. and so, i think the question going forward will be is that something that the federal combovement wants to address, -- is that something the federal government wants to address. or is it the dominant, american philosophy that the economy will play out as it may, they end up where they e
for themselves. the worst is bill clinton because he signed a free-trade agreement with china. host: nafta? caller: not that. the free-trade agreement with china that gave china most- favored-nation trading status that allowed all of our jobs to go to china. host: richard says that bill clinton was his least favorite. our first caller said that bill clinton was his favorite. on january 23, 1996, here is president clinton during his last state of the union address from his first term. [video clip] >> we know government does not have all the answers. we know there's not a program for every problem. [applause] we know and we have worked to give the american people a smaller, less bureaucratic government in washington. we have to give the american people one that lives within its means. [cheers and applause] the era of big government is over. [cheers and applause] but we cannot go back to the time when our citizens or left to fend for themselves. [cheers and applause] instead we must go forward as one america, one nation working together to meet the challenges we face together. self-reliance a
and pay back china at the same time? >> political news here there is talk that the white house may fine china for recent cyber attacks on american companies. fines could total in the millions of dollars. we can use that money to pay back china this, is perfect. >> greta: that is your last call. thank you for being with us tonight. go to gretawire.com and tell us what you think about foreign aid. we'll see you tomorrow night 10:00 p.m. eastern. go to gretawire.com. captioned by closed captioning services, inc. >> bill: the o'reilly factor is on. tonight -- >> there is a face missing inside of the people that she needs that can't be filled again. >> the blade run are accused of killing his south african model girlfriend may beat the rap. at least megyn kelly thinks so. shiell be here to explain. >> december crim nateed against african americans, hispanics, native americans and other groups. >> bill: more embarrassing video from a man being paid but you and me the taxpayers slamming america to federal employees. >> the united states expanded and took over what used to be mexico. >> how cou
the korean variety. >> i'm going to china. all you got to do is bring this on the show to julie chen. she's chinese. she would love you. >> if you don't have a steamer, you can use like a vegetable steamer or something like that. >> it is really hot, be careful. >> it is good. >> is that duck? >> these are a couple of other items we have. we have peking style duck and a lot of latin influences in the restaurant and we turn that into a little taco. >> be sure to stay with us. we'll have the latest on the storm. our weather team is following it minute by minute. cheryl is tonight at the d.c. improv. and thank you, chef. >> thank you. >> thank you for being with us, bye bye.
law enforcement because he knows what they will do. >>> and a couple visiting the u.s. from china has lost everything after the bag was stolen at a california grocery store. and they left the bag in the court. surveillance video shows someone else pulling the cart into the aisle and a be is person comes by and snatches the bag and they have a one- month-old baby and are not sure how they're going to get back home. and up next, we're going live to manhattan. >> one, two, three. >> and -- >> okay. hack on! >> -- hang on. [ male announcer ] listen to this symphony of flavor: crrkkhshziiiizzlllee. beautiful. shhhhshshshshhshshhhhhsshhhshs. gorgeous! here comes the crescendo. kkerrrrbbuuuuuucraaackkk. just...incredible. pillsbury toaster strudel. if beethoven made breakfast. faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've got snack-defying, satisfying totino's pizza rolls. [ ringing ] it's on. let's roll. >>> you make it in a tough world of professional athletics and you're among the elite and how many goals you score but what
the ground and the takeover. good morning. >> good morning. worries about monetary tightening by china sent stocks down. tokyo's nikkei lost more than 1%. hodge congress's hang seng fell nooem 2%. bad day on wall street. the federal reserve said wednesday it might scale back its bond-buying program, and that sent stocks tumbling. the dow plummeted 108 points, its biggest loss of the year. the nasdaq sank 49. boeing may have a plan to get their grounded dreamliner fleet back in the air. a company kpek will meet with federal regulators tomorrow and present the plan for the lithium ion batters from failing. they're looking into possible insider trading around the sale of heinz ketchup. the day before they bought it, an investor bought 350 stock options. the s.e.c. said they used a swiss-based account with goldman sachs. in one day the investment soared to $1.8 million. >>> the company made the announcement yesterday. analysts had expected the sale for years and will allow the times to focus on its core brand and expand its digital plat ffp. >>> and sony is betting its video gaming future on th
. and this is not a james bond in a tuxedo. this is someone in china hacking their way into a company and stealing any information that company has this of value or into a research lab. this is a pandemic. it's a quiet pandemic but it's a pandemic. billions of dollars in the intelligence estimate says $300 billion is what it costs the united states. they lost research and development. that means lost jobs. you can't be an american company and compete against a chinese company if all the money that you pay for r&d they get for nothing. they get all of your r&d for nothing. whether it is taxpayers' money or stockholders' money that pays for that r&d come they wait until it is done and then they use it to compete against us. the third issue that's called cyber is something called cyber war and that thankfully hasn't happened very much but it's been demonstrated that it could happen. what does that mean? instead of blowing something up with a bomb or a missile you blow it up with a cyber command. not science fiction. it's been demonstrated. in fact the united states did it to iran opening of 800 nuclear c
. north korea informed china and the united states of its plans to conduct a third nuclear test. the communist party also performed nuclear tests in 2006 and 2009. russia has condemned this. no word yet from china's reaction to this. >>> now let's go to mike who's looking at president obama's state of the union address tonight. >> indeed. the economy, gun control, immigration, all big topics expected to be addressed in president obama's state of the union address tonight. here to talk about it, michael of "the washington post," a former speech writer for george w. bush. thanks for waking up with us. >> good to be with you. >> as we start with the backdrop of sequestration looming march 1, do you think the president is going to extend a presidential olive branch or continue his statement where he says elections have consequences and we need to move forward with my agenda? >> i think that's the big question tonight and the thing i'll be looking for. usually a state of the union is a good night for the president. he's on the main stage and everyone else is a prop. you like that as
went ahead with the test in d y defiance of -- even by china. looking ahead, the test will draw more sanctions against the north from the u.s. and other countries. at the live desk, angie goff, news 4. >>> this nuclear test comes as president obama prepares to call for a reduction in america's nuclear arsenal. we learned that he will talk about that proposal tonight during his state of the union address. the white house says the president is putting the finishing touches on the speech. focus will be primarily on the economy. and the billions of dollars in budget cuts set to happen automatically on march 1st. president obama has urged congress to pass a short term agreement to avoid those potentially devastating cuts. now, you may want to avoid driving near the capitol tonight because of the state of the union. capitol police closing several streets starting at 7:00 including constitution avenue between second street east and louisiana avenue northwest. pennsylvania avenue between first and third streets northwest and east capitol streets between second and first streets. independence
think dodd frank dealth with -- dealt with too big to fail. >> let me shift to china currency. it is clear their current -- their manipulation a company in cleveland is doing everything right but they face a disadvantage on their exports and on fair competition on imports because of currency manipulation. the has been movement in the right direction with the value of the yuan, but it has been too low. especially considering trade deficits generally moved in the right direction. do you agree currency manipulation is an export subsidy? >> we have pushed back hard in china -- hard on china. we pushed back on unfair trading practices, and engage in bilateral discussions. there has been improvement. it is still undervalued and more progress needs to be made. >> the the id ministration has been good on trade enforcement and commerce -- the administration has been good on trade enforcement and commerce. you support industries filing petitions against countries that manipulate the current state? >> i would put a lot of energy behind developing a relationship where i can push back on p
. a recent analysis shows china has announced surpassed. the united states is the world's largest trading nation. furthermore, the risk of international currency war at least appears to me is rising which could push the u.s. back into a recession or worse. statements by the u.s. political leaders and international conferences on the policy are not enough to be without a clear policy and a coherent strategy to advanced policy, the international monetary system will continue to be addressed. our future economic competitiveness depends upon the united states leading efforts to establish a fair, stable and transparent financial and currency system based on market principles. i look forward to hearing your views about these important matters before the treasury and the plan of action if you are to be confirmed in addition i understand you've worked as a managing director and chief operating officer in the two units of citigroup but it is unclear what you're exact role and responsibilities were. it makes legal and financial activities we know little about your knowledge of the activities and pr
and daytime in china, so, if you have the international cooperation and the network you can cover a lot more of the sky and we can find more of these asteroids faster. >> megyn: yeah, on this issue we all had equal motivation to live. professor, thank you. great to see you. >> you're welcome. >> megyn: matthew lister, all the best. well, do you feel better? not really. coming up, a local news anchor here in new york becomes the story after police charge him with choking and threatening to kill his wife. but now he claims that he is the victim. we'll take a look at the evidence and the case against him in kelly's court. plus, new concerns for some u.s. inmates are getting more than just food and lodging from the american taxpayer. take a look the at the troubling trend of inmates collecting unemployment from behind prison walls. and look closely, that's a boy dangling from a ski lift and wait until you see what happens next. [ loud party sounds ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer
. it was expected, officials tell me, that north korea warned the u.s. and china yesterday that a test was eminent. after the test president obama issued a statement. what he said was north korea's nuclear weapons and ballistic missile programs constitute a threat to u.s. national security and to international peace and security. we will strengthen close coordination with allies and partners and work with our six-party partners,united nations security council and other u.n. member states to pursue this. they will be meeting this morning in an emergency session. my source is telling me u.s. is going to push for tough condemnation, possibly sanctions. it depends what china will do at the u.n., but the u.n. has the option of going to other sanctions such as what they did with iran, squeezing north korea from the international financial system. >> we know that you're following all the developments. we'll check back in with you later. >>> coming up we'll have a live report from anna coren. she's in seoul, south korea. john? >> of course, as this is all happening president obama delivers his fourth "sta
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